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Australia

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Wanted Hong Kong activist fears for safety, hopes for U.S. asylum

The Cheap InvestorJuly 12, 2023July 12, 20230

By James Pomfret and Jessie Pang (Reuters) -For Anna Kwok, a Washington-based Hong Kong activist, the imposition of a Hong…

  • Asia
  • Australia

Wall Street cheers cool CPI with stock rally; dollar, yields decline

The Cheap InvestorJuly 12, 2023July 12, 20230

By Lawrence Delevingne (Reuters) -Wall Street stocks advanced on Wednesday and the dollar and Treasury yields fell after new U.S….

  • Asia
  • Australia

US dollar stumbles, drops to more than one-year low as inflation eases in June

The Cheap InvestorJuly 12, 2023July 12, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar crashed to its lowest in more than a year on Wednesday…

  • Asia
  • Australia

Australia central bank chief has ‘open mind’ about future tightening

The Cheap InvestorJuly 12, 2023July 12, 20230

By Stella Qiu SYDNEY (Reuters) -Australia’s top central banker said on Wednesday he is confident higher interest rates are working…

  • Asia
  • Australia

No Australia ‘mortgage cliff’ in sight after rate hikes, say top banks

The Cheap InvestorJuly 12, 2023July 12, 20230

By Byron Kaye SYDNEY (Reuters) -Two top Australian banks said the number of home loan customers missing repayments remained below…

  • Asia
  • Australia

Factbox-Australia’s central bank outlines new policy procedures

The Cheap InvestorJuly 12, 2023July 12, 20230

SYDNEY (Reuters) – The Reserve Bank of Australia (RBA) has announced changes to how it formulates and announces interest rate…

  • Asia
  • Australia

NZ central bank hits pause at 5.5%, economists see easing in 2024

The Cheap InvestorJuly 11, 2023July 12, 20230

By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank held the cash rate steady at 5.5% on Wednesday, hitting…

  • Asia
  • Australia

Australia cabinet will soon decide on next RBA governor – treasurer

The Cheap InvestorJuly 11, 2023July 11, 20230

By Renju Jose SYDNEY (Reuters) – Australia Treasurer Jim Chalmers said on Wednesday the cabinet would meet soon to decide…

  • Asia
  • Australia

Dollar dives to two-month low, pound scales 15-month peaks on wage growth data

The Cheap InvestorJuly 11, 2023July 11, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar declined to a two-month low against a major currency index on…

  • Asia
  • Australia

Stocks rise, dollar dips ahead of US inflation data

The Cheap InvestorJuly 11, 2023July 11, 20230

By Lawrence Delevingne and Amanda Cooper (Reuters) -Global shares rose and the dollar pulled back on Tuesday, a day ahead…

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